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stratosranger · M
Ike Eisenhower
uncleshawn · 41-45, M
@stratosranger He is a very interesting president and rising high among historians as they go back and revisit presidents. His contributions to a number of things are beginning to be seen as very important both to things at his time and to things that came later: civil rights, the interstate highway system, economic development, warning about the military industrial complex, foreign affairs, etc. An excellent president.
stratosranger · M
I like Ike. It’s a shame he had such a blind trust in big pharma. He probably would have lived longer. @uncleshawn
JonLosAngeles66 · M
And a top tax rate of 90%! @uncleshawn
stratosranger · M
A top marginal tax rate simply taxes a certain rate above a set income, rather than taxing the entire income. During 1951 the top tax bracket was $400,000 (almost $4 Million in 2017 dollars). So anything above $400,000 was taxed at 91%. In other words, if someone made $500,000, that last $100,000 was taxed at 90%, not the entire $500K. @JonLosAngeles66
uncleshawn · 41-45, M
@stratosranger The more one studies him, the more amazing he comes across. He was humble, and these sorts of people often don't get promoted in the media of their times. Churchill regarded him as the only person on planet earth who could have possibly served the role of leading the combined western Allies against Germany. People don't realize want an incredible thing he was able to accomplish -- keep the generals from in-fighting the whole effort into catastrophe, his patience, his vision, his knowledge of a wide variety of things necessary to a war effort, on and on.